Date: 1/5/98 12:42 PM
Subject: S7-25-97
Arthur Levitt
Securities and Exchange Commission
450 5th Street, NW
Washington, DC 20549
Dear Mr. Levitt:
I am opposed to rule S7-25-97 (the stockholder gag rule).
Stockholders are owners and have a fiduciary responsibility and a need to know
what is going on in the companies in which they own stock.
This gag rule would be a suspect move to keep stockholders in the dark about
the activities of the employees who manage their companies.
I would not want to own stock in a company that was able to hide it's
activities from me. A company that withholds information does not instill
trust.
Sincerely,
Dana M. Pearl
2129 Ridge Avenue
Evanston, IL 60201